C000068015 Fees and Costs — JNL/PPM America Small Cap Value Fund, Class I
Data updated: 2021-05-27
The net expense ratio is 0.68%: a 0.57% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $332K in broker commissions, 0.0864% of average net assets, and portfolio turnover was 31%.
C000068015 Fees and Expenses
Annual operating expenses and sales charges of C000068015. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000068015 Costs Over Time
On $10,000 invested in C000068015, assuming 5% a year before costs, total costs come to $482 over 5 years, cutting the return by 0.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $264 | $482 |
| Value after costs | $10,420 | $11,312 | $12,281 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000068015 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0864%
- Total broker commissions: $332K
- Bought from dealers (principal trades, not a cost): $118.9M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $3K (0.001% of average net assets)
C000068015 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Raymond James Financial | $66K | 25.02% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $37K | 13.97% |
| "CIS Financial Services, Inc. ""CIS""" | $33K | 12.34% |
| Robert W. Baird & Co. | $28K | 10.49% |
| Piper Jaffray Companies | $22K | 8.36% |
| Jefferies Group | $21K | 7.89% |
| CitiGroup Global Markets, Inc. | $20K | 7.37% |
| Credit Suisse | $14K | 5.25% |
| UBS Limited | $14K | 5.16% |
| Wells Fargo Securities, LLC | $11K | 4.16% |
C000068015 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $118.9M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.